Invesco DB Oil Fund (DBO) Most Active Options

The 13 most actively traded Invesco DB Oil Fund (DBO) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$21.78
52-week range
$11.98 – $23.80
IV rank
6 / 100
Low
Put/call OI
0.20
Call-heavy
Max pain
$20
↓ 8.2% below close
Next earnings
Nov 8, 2026

Most Active DBO Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
DBO $19 call Oct 16, 2026 52d $2.65 265 71
DBO $21 put Sep 18, 2026 24d $0.85 0.0% 0 1.00 385 32 44.0× avg
DBO $23 call Sep 18, 2026 24d $0.40 114 12
DBO $15 call Oct 16, 2026 52d $6.20 31 8
DBO $25 call Oct 16, 2026 52d $0.45 1,438 5
DBO $23 call Oct 16, 2026 52d $0.75 156 4
DBO $21 call Sep 18, 2026 24d $0.60 107 2
DBO $22 call Sep 18, 2026 24d $0.58 152 2
DBO $20 call Oct 16, 2026 52d $2.05 0.0% 0 1.00 287 1 0.1× avg
DBO $22 call Oct 16, 2026 52d $1.02 216 1
DBO $20 put Sep 18, 2026 24d $0.40 97 1
DBO $17 put Sep 18, 2026 24d $0.01 3 1
DBO $20 call Jan 15, 2027 143d $2.72 45 1

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active DBO contract today is the $19 call expiring in 52 days, with 71 contracts traded. Calls dominate the most-active list (10 of the top 13), showing where trading interest concentrates.

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DBO Options FAQ

Which DBO option contract is most active today?

The most traded DBO contract is the $19 call expiring Oct 16, 2026, with 71 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active DBO options?

The table lists the 13 DBO contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.